"The Mother of All Hooks"

``A thinking person (I would imagine many of my readers) going through the revealing Lewis book would easily come to the conclusion that in bubble financial systems,  gamblers learn no lessons, and given the opportunity will return to the tables for more crazy bets. The aspect that should be apparent is that the players take no heed of clear and present danger.  As such, they distort markets severely and wreck the price signals of markets. This is not capitalism, not in the slightest.''